| Launch date | 05 Jan 2024 |
| Allotment date | 25 Jan 2024 |
| End date | 19 Jan 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.52%
Inclusive of GST
Exit load
Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Dwijendra SrivastavaJan 2024 - PresentView details
Sandeep AgarwalJan 2024 - PresentView details
Rohit SeksariaJan 2024 - PresentView details
Arjun G. NagarajanJan 2024 - PresentView details
Clyton Richard FernandesOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #17 in India |
|---|---|
| Total AUM | ₹76,017.50Cr |
| Date of Incorporation | 26 Feb 1996 |
|---|
Sundaram Multi Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Clyton Richard Fernandes is the Current Fund Manager of Sundaram Multi Asset Allocation Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹76,017 Cr and the Latest NAV as of 06 Apr 2026 is ₹13.00. The Sundaram Multi Asset Allocation Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 30% of the investment,1% will be charged for redemption within 365 days. ;
Investment Objective
The scheme seeks to generate long term capital appreciation by investing in Equity & Equity related Securities, Debt & Money Market Instruments and Gold ETFs. ;
| Fund benchmark | -- |
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Fund house contact details
Peer Comparison
| Hybrid, Multi Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Quant Multi Asset Allocation Fund Direct Growth | 5 | 22.9% | 23.3% | 4,925.89 |
Nippon India Multi Asset Allocation Fund Direct Growth | 4 | 16.1% | 20.4% | 13,438.26 |
ICICI Prudential Multi Asset Fund Direct Growth | 5 | 7.5% | 17.8% | 83,044.78 |
SBI Multi Asset Allocation Fund Direct Growth | 4 | 16.8% | 17.6% | 16,366.53 |
HDFC Multi Asset Allocation Fund Direct Growth | 3 | 8.7% | 13.8% | 5,883.78 |